NCSOFT Corporation announces an Equity Buyback for 658,000 shares.
August 13, 2018 at 05:02 am EDT
Share
NCSOFT Corporation (KOSE:A036570) announces a share repurchase program. Under the program, the company will repurchase up to 658,000 shares. The purpose of repurchase program is to raise shareholder value. The program will be valid up to November 13, 2018. As of August 12, 2018, the company had 688,583 shares within scope available for dividend and no shares in treasury through other buyback.
NCSOFT Corp is a Korea-based company principally engaged in the development, production and publication of games. Mobile game products include lineage red knights, final blade, pro baseball h2, lineage m and others. Online game products consist of lineage, lineage 2, alon, blade & soul, guild wars 2, among others. The Company also manages the intellectual property rights of mobile and online games. The Company sells its products within domestic market and to overseas markets.